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Ministry of Justice

Russian Federation

On May 28, 2021 No. 63663

PROVISION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of January 11, 2021 No. 753-P

About required reserves of credit institutions

(as amended of the Instruction of the Central bank of the Russian Federation of 21.09.2021 No. 5939-U)

This Provision based on article 38 of the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" (The Russian Federation Code, 2002, No. 28, Art. 2790; 2017, No. 18, the Art. 2669) and according to the solution of the Board of directors of the Bank of Russia (the minutes of the Board of directors of the Bank of Russia of December 24, 2020 No. PSD-31) establish procedure for accomplishment by credit institutions of mandatory reserve requirements, including procedure for deposition of required reserves in the Bank of Russia, procedure for write-off from the correspondent account of credit institution opened in the Bank of Russia, the amounts of the required reserves of money which are not paid in into accounts for storage, transfers to the account of credit institution of required reserves from the account for storage of required reserves after revocation of license and also procedure for renewal of required reserves by reorganization of credit institution.

Chapter 1. General provisions

1.1. The credit institution shall fulfill mandatory reserve requirements concerning obligations in currency of the Russian Federation and in foreign currency which structure and categories are determined in Chapter 2 this provision (further - reserve obligations).

1.2. The obligation of credit institution on accomplishment of mandatory reserve requirements arises from the date of receipt of the license of the Bank of Russia for banking operations and stops with response (cancellation) at credit institution of the license of the Bank of Russia for banking operations.

1.3. The credit institution performs deposition of required reserves in the Bank of Russia money in currency of the Russian Federation by money transfer into the account for storage of required reserves opened in the Bank of Russia irrespective of currency type of reserve obligations (further - the account on accounting of required reserves), via bank transfer and (or) by maintenance of average size of required reserves on correspondent account and (or) correspondent sub-account (correspondent sub-accounts) opened in the Bank of Russia in currency of the Russian Federation (further in case of joint mentioning - correspondent accounts) (further - accomplishment of obligation on averaging of required reserves).

1.4. For the purpose of ensuring compliance of the size of required reserves, actually deposited in the Bank of Russia, to the calculated size of the required reserves which are subject to deposition in the Bank of Russia, the authorized division of the Bank of Russia monthly performs regulation of the size of the required reserves which are subject to deposition in the Bank of Russia (further - regulation of the size of required reserves).

Information on authorized division of the Bank of Russia is published on the official site of the Bank of Russia in the Internet (further - the website of the Bank of Russia).

When carrying out regulation of the size of required reserves by authorized division of the Bank of Russia it is performed:

calculation of the size of required reserves of credit institution for calendar month (further - the accounting period);

check of accomplishment by credit institution of obligation on averaging of required reserves.

When carrying out regulation of the size of required reserves transfer of money by credit institution in required reserves for transfer into the account on accounting of required reserves or return of money by the Bank of Russia from the specified account on the correspondent account of credit institution opened in the Bank of Russia in currency of the Russian Federation by results of calculation of the size of required reserves (further - recalculation on the required reserves deposited on the account on accounting of required reserves) once a year is also made, and also in case of change of nature of activities of credit institution (receipt of the status of bank by non-bank credit institution or receipt of the status of non-bank credit institution by bank) or in the cases established by Items 1. 9, 3.8, 4.1, 5.12 and 6.5 this provision (further - regulation of the size of required reserves with recalculation). In other cases regulation of the size of required reserves is performed without recalculation on the required reserves deposited on the account on accounting of required reserves (further - regulation of the size of required reserves without recalculation).

1.5. The size of required reserves which is subject to deposition in the Bank of Russia is calculated by application of standard rates of required reserves to the size of reserve obligations and exceptions of size of cash in currency of the Russian Federation in cash desk of the credit institution determined according to Chapter 2 this provision (further - the normative size of required reserves).

1.6. The size of required reserves which is subject to deposition in the Bank of Russia by accomplishment of obligation by credit institution on averaging of required reserves during the period of averaging of required reserves (further - the averaging period) according to Chapter 3 this provision (further - the average size of required reserves), is calculated one of the following methods:

using coefficient of averaging of required reserves (further - averaging coefficient) to the normative size of required reserves when carrying out regulation of the size of required reserves with recalculation;

as difference between the normative size of required reserves and size of required reserves which is subject to deposition on the account on accounting of required reserves (further - the settlement size of required reserves), when carrying out regulation of the size of required reserves without recalculation.

1.7. The settlement size of required reserves is calculated as difference between the normative and average sizes of required reserves when carrying out regulation of the size of required reserves with recalculation or is accepted to the equal settlement size of required reserves established following the results of the previous regulation of the size of required reserves when carrying out regulation of the size of required reserves without recalculation.

1.8. The schedule of the periods of averaging for calendar year, the period of regulation of the size of required reserves (further - the regulation period) during which annual recalculation on the required reserves deposited on the account on accounting of required reserves is made are established by the Board of directors of the Bank of Russia and are published on the website of the Bank of Russia.

1.9. Based on the solution of the Board of directors of the Bank of Russia by authorized division of the Bank of Russia extraordinary regulation of the size of required reserves, including extraordinary regulation of the size of required reserves with recalculation can be carried out.

In case of carrying out extraordinary regulation of the size of required reserves the Board of directors of the Bank of Russia establishes the period of its carrying out, date since which the standard rate of required reserves and (or) coefficient of averaging, the accounting period, the period of averaging and need of carrying out recalculation on the required reserves deposited on the account on accounting of required reserves are established.

1.10. On the amount of the required reserves deposited in the Bank of Russia percent are not charged.

1.11. The documents constituted by authorized division of the Bank of Russia according to this Provision go to credit institution in electronic form, signed by the digital signature, with use of private office according to the procedure, No. 5361-U established by the Instruction of the Bank of Russia of December 19, 2019 "About order of interaction of the Bank of Russia with credit institutions, not credit financial credit institutions and other participants of information exchange when using of information resources of the Bank of Russia, including private office by them", the registered Ministry of Justice of the Russian Federation on March 4, 2020 No. 57659, on November 12, 2020 No. 60878 (further - the Instruction of the Bank of Russia No. 5361-U), or on paper in case of lack of technical capability of the direction of the specified documents electronically.

Chapter 2. Calculation of the size of the required reserves which are subject to deposition in the Bank of Russia

2.1. Reserve obligations passive remaining balance of the following balance sheet accounts established by the Provision of the Bank of Russia of February 27, 2017 No. 579-P "About the Chart of accounts of financial accounting for credit institutions and procedure for its application", the registered Ministry of Justice of the Russian Federation on March 20, 2017 No. 46021, on July 20, 2017 No. 47474, on December 12, 2017 No. 49220, on March 12, 2018 No. 50299, on December 3, 2018 No. 52845, on January 16, 2019 No. 53372, on March 26, 2019 No. 54165, on June 18, 2020 No. 58690, on October 14, 2020 No. 60381 is included (further - the Provision of the Bank of Russia No. 579-P):

No. 30109, 30111, 30122, 30123, 30219, 30220, 30222, 30223, 30230, 30231, 30232, 30236, 30411, 30412, 30414, 30415, 30420, 30421, 30422, 30423, 30601, 30603, 30604, 30606, 313, 314, 315, 316, 31702, 31703, 31802, 31803, 40101, 40102, 40105, 40106, 40108, 40110, 40116, 402, 40301, 40302, 40306, 40307, 40312, 404, 405, 406, 407, 408, 40901, 40902, 40903, 40905, 40907, 40909, 40910, 40911, 40912, 40913, 40914, 40915, 410, 411, 412, 413, 414, 415, 416, 417, 418, 419, 420, 421, 422, 423, 425, 426, 427, 428, 429, 430, 431, 432, 433, 434, 435, 436, 437, 438, 439, 440, 47401, 47403, 47405, 47407, 47411, 47412, 47416, 47418, 47422, 47426, 476, 520, 521, 522, 523, 524, 52501.

The size of reserve obligations is determined according to data on remaining balance of reserve obligations (the recommended sample is given in appendix 2 to this Provision) based on data of the reporting constituted and represented by credit institution to the Bank of Russia according to the Instruction of the Bank of Russia of October 8, 2018 to No. 4927-U "About the list, forms and procedure for creation and representation of forms of the reporting of credit institutions in the Central bank of the Russian Federation", the registered Ministry of Justice of the Russian Federation on December 13, 2018 No. 52992, on December 13, 2019 No. 56796, on June 18, 2020 No. 58705, on September 30, 2020 No. 60147 (further - the Instruction of the Bank of Russia No. 4927-U), taking into account the established frequency of its representation by credit institutions by the following forms:

0409101 "The turnover sheet on accounts of financial accounting of credit institution" (further - the reporting under the form 0409101) constituted for month under report (quarter, half-year);

0409110 of "Disaggregation of separate indicators of activities of credit institution" (further - the reporting under the form 0409110) constituted for the last calendar number of month under report and provided by credit institution which gives the status of the central depositary according to the Federal Law of December 7, 2011 to No. 414-FZ "About the central depositary" (The Russian Federation Code, 2011, No. 50, Art. 7356; 2020, No. 31, the Art. 5012) (further - credit institution - the central depositary);

0409123 "Calculation of own means (capital) ("Basel III") (further - the reporting under the form 0409123) constituted on the first, following month under report (quarter, half-year);

0409302 of "Data on the raised funds" (further - the reporting under the form 0409302) constituted on the first, following month under report;

0409501 of "Data on interbank credits and deposits" (further - the reporting under the form 0409501) constituted on the first, following month under report (quarter, half-year);

0409603 of "Data on the opened correspondent accounts and remaining balance of funds for them" (further - the reporting under the form 0409603) constituted on the first, following month under report (quarter, half-year).

2.2. Reserve obligations are grouped in the following categories.

2.2.1. Obligations of credit institution to legal entities - nonresidents (including obligations to nonresident banks), and also obligations to individual entrepreneurs - nonresidents in currency of the Russian Federation and (or) in foreign currency, arising based on the signed agreements of the bank (correspondent) account, contracts for attraction of money (further - obligations to legal entities - nonresidents).

The structure of obligations to legal entities - nonresidents joins remaining balance of balance sheet accounts No. 30111, of 30122, of 30123, of 30230, of 30231, of 30412, of 314, of 316, of 31703, of 31803, of 40804, of 40805, of 40807, of 425, of 440, of 47602, 47607.

2.2.2. Obligations of credit institution to physical persons (residents and nonresidents) in currency of the Russian Federation and (or) in foreign currency, arising based on the signed bank deposit agreements (including certified by savings certificates), the bank account (further - obligations to physical persons).

Obligations to physical persons remaining balance of balance sheet accounts No. 40803, of 40813, of 40817, of 40820, of 40823, of 40824, of 40826, of 40903, of 40914, of 423, of 426, of 47411, of 47603, of 47605, of 47608, of 47609, of 522, 52404 is included.

2.2.3. Obligations of credit institution in currency of the Russian Federation and (or) in foreign currency, not belonging to the categories of obligations established by subitems 2.2.1 and 2.2.2 of this Item (further - other obligations).

2.3. Remaining balance of the balance sheet accounts specified in Item 2.1 of this provision is included reserve obligations taking into account the following.

2.3.1. The amount of remaining balance of balance sheet accounts No. 30420, 30421 is included reserve obligations minus the amount of remaining balance of balance sheet accounts No. 30416, 30417 by designation code 304211, specified in appendix 2 to this Provision (the recommended sample is given in appendix 2 to this Provision).

The amount of remaining balance of balance sheet accounts No. 30422, 30423 is included reserve obligations minus the amount of remaining balance of balance sheet accounts No. 30418, 30419 by designation code 304231, specified in appendix 2 to this Provision (the recommended sample is given in appendix 2 to this Provision).

Reduction of the amounts of remaining balance of balance sheet accounts No. 30420, 30421 and 30422, 30423 at size of the amounts of remaining balance of balance sheet accounts No. 30416, 30417 and 30418, of 30419, respectively, is performed within the amounts of remaining balance of balance sheet accounts No. 30420, 30421 and 30422, 30423.

2.3.2. Remaining balance of balance sheet accounts No. 40108, of 40110, 40306 is included reserve obligations minus remaining balance of balance sheet accounts No. 40109, of 40111,40308, respectively, by designation codes 401081, of 401101, of 403061, specified in appendix 2 to this Provision (the recommended sample is given in appendix 2 to this Provision).

Reduction of remaining balance of balance sheet accounts No. 40108, of 40110, 40306 at size of remaining balance of balance sheet accounts No. 40109, of 40111, of 40308, respectively, is performed within remaining balance of balance sheet accounts No. 40108, of 40110, 40306.

2.3.3. From the size of obligations to legal entities - nonresidents, physical persons and other obligations exclude the size of obligations to the "Deposit Insurance Agency" state corporation (further - DIA) and (or) by the persons which are not credit institutions and acquiring according to the approved plan of participation of DIA in implementation of measures for the prevention of bankruptcy of bank of the bank share in number of at least 75 percent of ordinary shares of bank in the form of joint-stock company (the share in the authorized capital of bank providing at least three quarters of voices of total number of voices of members of bank in the form of limited liability company) (further - investors according to the plan of participation of DIA).

The specified obligations are determined by data of the Section "For information only" of the reporting under form 0409302 and excluded by designation codes 302001, of 302002, of 302003, of 302004, specified in appendix 2 to this Provision (the recommended sample is given in appendix 2 to this Provision).

2.3.4. From the size of obligations to legal entities - nonresidents and other obligations exclude the size of obligations on subordinated bonded loans, and also the subordinated credits (deposits, loans), creditor (creditors) on which are legal entities - nonresidents, the state corporation of development "ВЭБ.РФ" (further - ВЭБ.РФ) and (or) other legal entities - residents (except for credit institutions, the Bank of Russia, DIA, investors according to the plan of participation of DIA, and also the persons which are not credit institutions and acquiring according to shares of the mutual investment fund created by the "Managing Company of Fund of Consolidation of Banking Sector" limited liability company approved by the plan of participation of the Bank of Russia in implementation of measures for the prevention of bankruptcy of bank which part of property bank shares in number of at least 75 percent of ordinary shares of bank in the form of joint-stock company (the share in the authorized capital of bank providing at least three quarters of voices of total number of voices of members of bank in the form of limited liability company) are.

The specified obligations are determined by data of item 4 of the Section "For information only" of the reporting under form 0409123 and excluded by designation codes 123001, of 123002, of 123003, of 123004, specified in appendix 2 to this Provision (the recommended sample is given in appendix 2 to this Provision).

2.3.5. Remaining balance of balance sheet accounts No. 30109, of 31301, of 31302, of 31303, of 31304, of 31305, of 31306, of 31307, of 31308, of 31309, of 31310, of 31501, of 31502, of 31503, of 31504, of 31505, of 31506, of 31507, of 31508, of 31509, of 31702, 31802 is included other obligations in the amount of obligations to ВЭБ.РФ according to the reporting under form 0409501 and the reporting under form 0409603 under designation codes 501001, of 603001, specified in appendix 2 to this Provision (the recommended sample is given in appendix 2 to this Provision).

2.3.6. The size of obligations of credit institution according to issued debt securities is included reserve obligations minus the size of obligations of the credit institution calculated by way of application of corrective coefficient to the size of obligations of credit institution according to issued debt securities, by designation code 520524, specified in appendix 3 to this Provision (the recommended sample is given in appendix 3 to this Provision).

The corrective coefficient which value is in the range from 0 to 1, is established by the Board of directors of the Bank of Russia for the purpose of determination of the amount of obligations of credit institution to other credit institutions - residents according to issued debt securities, the reserve obligations which are subject to exception of structure. Information on the size of corrective coefficient is published on the website of the Bank of Russia.

2.3.7. The amount of the obligations of credit institution arising within making of transactions of repo and deposit transactions between the participants of clearing determined by the Federal Law of February 7, 2011 No. 7-FZ "About clearing, clearing activities and the central partner" (The Russian Federation Code, 2011, No. 7, Art. 904; 2020, No. 31, the Art. 5012), with participation of credit institution - the central partner performing functions according to the specified Federal Law (further - credit institution - the central partner), is included reserve obligations in the sum calculated by application of coefficients for transactions with participation of credit institution - the central partner to the amounts of obligations of credit institution in currency of the Russian Federation and in foreign currency according to the Section III of the reporting under form 0409501 by designation code 501002, specified in appendix 2 to this Provision (the recommended sample is given in appendix 2 to this Provision).

Coefficients on transactions with participation of credit institution - the central partner which values are in the range from 0 to 1, are established by the Board of directors of the Bank of Russia for the purpose of determination of the amounts of obligations of credit institution in currency of the Russian Federation and in foreign currency, the transactions of repo and deposit transactions arising within making between participants of clearing with participation of credit institution - the central partner, the reserve obligations which are subject to inclusion in structure. Information on the size of coefficients on transactions with participation of credit institution - the central partner is published on the website of the Bank of Russia.

2.4. The structure of reserve obligations of credit institution - the central partner does not join remaining balance of balance sheet accounts No. 31401 - 31410, 31601 - 31609, 42501 - 42507, 44001 - 44007, 41001 - 41007, 41101 - 41107, 41201 - 41207, 41301 - 41307, 41401 - 11407, 41501 - 11507, 41601 - 41607, 41701 - 41707, 41801 - 41807, 41901 - 41907, 42001 - 42007, 42101 - 42107, 42201 - 42207, 42701 - 42707, 42801 - 42807, 42901 - 12907, 43001 - 43007, 43101 - 43107, 43201 - 43207, 43301 - 43307, 43401 - 43407, 43501 - 43507, 43601 - 43607, 43701 - 43707, 43801 - 13807, 43901 - 43907, 47405, 47426 and by designation 501002 code.

2.5. The structure of reserve obligations of credit institution - the central depositary is determined taking into account the following:

remaining balance of balance sheet accounts No. 30411, 30414 and 30415 is included other obligations of credit institution - the central depositary minus the obligations to other credit institutions considered on the specified balance sheet accounts, according to the reporting under form 0409110 under designation code 110001, specified in appendix 2 to this Provision (the recommended sample is given in appendix 2 to this Provision);

remaining balance of balance sheet accounts No. 30603 and 30604 is included other obligations of credit institution - the central depositary according to the reporting under form 0409110 in the amount of, calculated by formula of average arithmetic size of remaining balance of the specified balance sheet accounts according to daily composite balance sheets of credit institution - the central depositary for calendar month.

2.6. For the purpose of creation of the Message on regulation of the size of required reserves (further - the Message on regulation) (the recommended sample is given in appendix 1 to this Provision) and fillings of data (recommended samples are given in appendices 2 - 4 to this Provision) the authorized division of the Bank of Russia perfroms calculation of the size of required reserves of credit institution based on data of the reporting of credit institution on the forms specified in Item 2.1 of this provision, and data of the Bank of Russia on the account on accounting of required reserves.

Calculation of the size of required reserves of the non-bank credit institution having the right to implementation of money transfers without opening of bank accounts and the related other banking activities, in the absence of the reporting under form 0409101 for the accounting period and to forms 0409123, 0409501 and 0409603 on the first, following the accounting period, is performed based on data of the last reporting under the specified forms provided to the Bank of Russia.

2.7. The size of cash in currency of the Russian Federation in cash desk of credit institution excluded when calculating normative size of required reserves is determined by designation code 202025, specified in appendix 4 to this Provision (the recommended sample is given in appendix 4 to this Provision), proceeding from the actual balances in cash in currency of the Russian Federation in cash desk of credit institution considered on balance sheet accounts No. 20202, of 20208, of 20209, of 30210, and shall not exceed 25 percent of the size of required reserves on obligations in currency of the Russian Federation calculated before its reduction by the specified size.

2.8. In case of violation by credit institution of the terms of submission of the reporting established by the Instruction of the Bank of Russia No. 4927-U on any of the forms specified in Item 2.1 of the this provision who entailed absence for settlement date of the size of required reserves of the reporting under the specified form for the corresponding accounting period or on the first, following the corresponding accounting period, calculation of the size of required reserves of credit institution is perfromed based on data of the last reporting of credit institution under the corresponding form provided to the Bank of Russia.

Chapter 3. Regulation of the size of required reserves and procedure for deposition by credit institutions of required reserves in the Bank of Russia

3.1. The authorized division of the Bank of Russia performs regulation of the size of required reserves during the period from the twelfth on the fourteenth the working days of the month following reporting.

3.2. During the regulation period the authorized division of the Bank of Russia performs the following.

3.2.1. Check of accomplishment by credit institution of obligation on averaging of required reserves in the expired period of averaging and creation based on data on remaining balance of correspondent accounts of Section 2 of the Message on regulation, and also establishment of availability (absence) of the cash amount calculated proceeding from the size of failure to carry out of averaging of required reserves determined as difference between the provided credit institution and actually supported credit institution average sizes of required reserves (further - the amount of failure to carry out of averaging of required reserves.

The average size of required reserves which is actually supported by credit institution is calculated proceeding from daily balances in cash on correspondent accounts for the period of averaging.

For the purpose of calculation actually supported credit institution of average size of required reserves applies the formula of average arithmetic size specified in Item 1 of appendix 5 to this Provision.

3.2.2. Calculation of the size of required reserves of credit institution, including the average size of required reserves which is subject to maintenance by credit institution on correspondent accounts in the averaging period corresponding to the accounting period and also creation of Section 1 of the Message on regulation and filling of data (recommended samples are given in appendices 2 - 4 to this Provision).

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